HÖRNQVIST SMITH AS

7391 RENNEBU

Finances

Share Ownership

Return on Equity

105,71 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 575 000	40 414 000	38 231 000	20 452 000
Net Income	185 000	−214 000	180 000	−75 000
Total Assets	4 267 000	5 783 000	5 180 000	3 917 000
Total Equity	175 000	−9 000	205 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 575 000	40 414 000	38 231 000	20 452 000
Expenditure	41 395 000	40 632 000	38 021 000	20 534 000
Operating Profit	178 000	−218 000	210 000	−83 000
Financial Income	7 000	0	1 000	9 000
Financial Costs	0	0	0	0
Financial Balance	7 000	0	1 000	9 000
Earnings Before Tax	185 000	−218 000	211 000	−75 000
Tax	1 000	−4 000	31 000	0
Net Income	185 000	−214 000	180 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	11 000	13 000	15 000
Total Current Assets	4 258 000	5 772 000	5 167 000	3 901 000
Total Assets	4 267 000	5 783 000	5 180 000	3 917 000
Total Retained Equity	75 000	−109 000	105 000	−75 000
Total Equity	175 000	−9 000	205 000	25 000
Total Long-Term Debt	1 000	0	4 000	0
Total Current Debt	4 091 000	5 792 000	4 971 000	3 891 000
Total Equity and Debt	4 267 000	5 783 000	5 180 000	3 917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 980 000	39 960 000	37 757 000	20 058 000
Other Income	594 000	454 000	474 000	394 000
Revenue	41 575 000	40 414 000	38 231 000	20 452 000
Cost of Goods Sold	34 593 000	35 374 000	32 522 000	17 633 000
Salary Costs	2 823 000	2 710 000	2 410 000	1 494 000
Depreciation	2 000	2 000	2 000	0
Impairment	0	0	0	0
Expenditure	41 395 000	40 632 000	38 021 000	20 534 000
Operating Profit	178 000	−218 000	210 000	−83 000
Financial Income	7 000	0	1 000	9 000
Financial Costs	0	0	0	0
Financial Balance	7 000	0	1 000	9 000
Dividends	0	0	0	0
Net Income	185 000	−214 000	180 000	−75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	11 000	13 000	15 000
Total Tangible Assets	9 000	11 000	13 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	11 000	13 000	15 000
Stock	3 271 000	3 127 000	3 804 000	2 815 000
Total Investments	0	0	0	0
Cash, Bank	725 000	1 226 000	1 167 000	511 000
Total Current Assets	4 258 000	5 772 000	5 167 000	3 901 000
Total Assets	4 267 000	5 783 000	5 180 000	3 917 000
Total Equity	175 000	−9 000	205 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	4 000	0
Creditors	3 261 000	4 909 000	4 175 000	3 418 000
Unpaid Taxes	164 000	253 000	97 000	87 000
Dividends	0	0	0	0
Other Current Debt	666 000	629 000	671 000	387 000
Total Current Debt	4 091 000	5 792 000	4 971 000	3 891 000
Total Equity and Debt	4 267 000	5 783 000	5 180 000	3 917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,71 %	2 377,78 %	87,8 %	−300 %
Debt-to-Equity Ratio	0,01	−0	0,02	0
Operating Profit Margin	0,43 %	−0,54 %	0,55 %	−0,41 %
Current Ratio	1,04	1	1,04	1
Quick Ratio	5,19	2,17	4,43	3,63
Equity Ratio	0,04	−0	0,04	0,01
Gross Profit Margin	16,79 %	12,47 %	14,93 %	13,78 %